Ac202 Principles Of Accounting Ii

AC202 Principles of Accounting IIName______________________ Park UniversityVersion D Third mo Exam-Chapters 19-21 septuple Choice Questions ( 2 points each ) Select the ONE, trump Answer. 1. A note pose price accounting form would take up fit the needs of a company that makes: A. blank space and app arl. B. Paint. C. Cement. D. Custom machinery. E. Pencils and erasers. 2. The Goods in Process Inventory account of a manufacturing company that uses an knock mark based on dispatch labor address has a $4,400 debit balance afterwards all identity card is completed. The cost sheet of the atomic number 53 job still in process shows direct hearty cost of $2,000 and direct labor cost of $800. thitherfore, the companys overhead act rate is: A. 40%. B. 50%. C. 80%. D. 200%. E. 220%. 3. aft(prenominal) posting all actual milling machinery overhead and applying factory overhead to production departments in a process cost system, A. there allow n eer be underapplied overhead. B. There will never be overapplied overhead. C. There will always be underapplied overhead. D. There will always be overapplied overhead. E. There may be over or underapplied overhead. 4. Costs that the manager has the major power to plant or at least strongly limit are called: A. Uncontrollable be. B. Controllable costs. C. Joint costs. D.

Direct costs. E. indirect costs. 5. A difficult problem in calculating the amount of money costs and expenses of a department is: A. find out the gross reach ratio. B. delegate direct costs to the department. C. Assigni ng indirect expenses to the department. D. ! Determining the mensuration of sales of the department. E. Determining the direct expenses of the department. Problem #1 ( 30 points ) BC Company uses a job order cost accounting system. During the month of April, the following events occurred: (a) Purchased raw materials on credit, $32,000. (b) warm materials requisitioned: $25,800 as direct materials and $10,500 indirect materials. (c)...If you want to pull out a full essay, order it on our website: OrderCustomPaper.com

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